The term balance of trade, can be defined as the
...The term balance of trade, can be defined as the
Relation between value of exports and value of imports over a given period of time
Balance owed to the rest of the world in payment for imports
Price paid for imports in term of exports
Relation between payments of all kind made by a country to the rest of the world, over a given period of time
Correct answer is A
No explanation has been provided for this answer.
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